Current Affairs Quiz - April 2022

Notes:
The Union Cabinet has approved USD 808 million (₹6,062.45 crore) for a new scheme ‘Raising and Accelerating MSME Performance’ (RAMP).
The new scheme assisted by the World Bank is expected to commence in the financial year of 2022-23. It aims to improve access to market and credit of the MSMEs. It focuses on strengthening institutions and governance of the MSME programme, and support to market access and access to finance.

Notes:
Indian private sector lender Axis Bank has acquired the Indian consumer banking businesses of US bank Citigroup.
The sale includes businesses of credit cards, retail banking, wealth management and consumer loans for Rs 12,325 crore, as part of plans to exit its retail operations in 13 markets. The sale excludes Citi’s institutional client businesses in India.

 

Notes:
The world’s largest electric cruise ship has made its maiden voyage in China, after cruising up and down the Yangtze River and settling into port in Yichang. It is developed by China Yangtze Power.
It is powered by a massive 7,500 kilowatt-hour marine battery from the top battery manufacturer for electric cars, Contemporary Amperex Technology (CATL). The ship will go into commercial operations from next month, to be used mainly for sightseeing trips.

Notes:
Delhi government’s flagship ‘Desh ke Mentor’ programme aims to support Government school students in their career planning stages.
The Directorate of Education of Delhi Government has issued a Code of conduct for mentors who have signed up for the programme to regulate interactions between them and students assigned to them. Earlier, the National Commission for Protection of Child Rights expressed concerns regarding the safety of children.

Notes:
United Nations Population Fund (UNFPA) recently released the ‘State of World Population: Seeing the Unseen: The case for action in the neglected crisis of unintended pregnancy’ Report.
As per the report, nearly half of all pregnancies, totalling 121 million each year throughout the world, are unintended. Globally, an estimated 257 million women who want to avoid pregnancy are not using safe and modern methods of contraception.

Notes:
The venture capital fund (VCF) scheme was implemented by the Ministry of Social Justice and Empowerment to help aspiring entrepreneurs belonging to SCs and OBCs new businesses. As the performance of the scheme is not satisfactory, the Ministry is set to launch a “mentorship” programme.
Named the ‘Ambedkar Young Entrepreneur-Mentor’ (AYE-Mentor) programme, the IFCI Venture, which is the VCF manager, will empanel businessmen or heads of companies or veterans of banking and financial institutions, as ‘mentors’.

Notes:
A recent report prepared by environmental platform Climate Trends has pointed out that India has the lowest rate of insurance penetration across Asia
The Indian insurance companies were among the worst performers scoring below 10 per cent for the quality of their disclosures. Indian insurance companies failed to pay close to three-fourths of the claimed amount for Cyclone Amphan, which hit the West Bengal during May 2021.

Notes:
The Punjab Mandi Board has started sending ‘digital form J’ to the farmers from this Rabi procurement season
‘J form’ is the sale receipt of a farmer’s agricultural produce in mandis (grain market). These forms were earlier issued manually by the Commission agents. This move aims to bring transparency as well as empowering farmers and make Punjab the first state in the country to provide digitised form J in real time.

Notes:
Australian Team defeated England by 71 runs in the final to win their record seventh ICC Women’s Cricket World Cup.
Alyssa Healy of Australia smashed 170 to take Australia to a mammoth 356 for five against England in the final. Another player Nat Sciver remained unbeaten on 148. The England team could score only 285 in 43.4 overs.

Notes:
India recently celebrated the 59th National Maritime Day which falls on April 5 every year. This year’s theme is ‘Sustainable Shipping beyond Covid-19’.
The first anniversary of the day was held in 1964 to raise awareness about international trade and economy.  An award ceremony is held to honour those who made important contributions to the Indian maritime industry.